IN BRIEF: SpaceandPeople expects "significant" revenue boost

SpaceandPeople PLC - Glasgow, Scotland-based promotional and short-term retail space provider - Announces a trading update for 2025, saying that profitability is in line with market expectations due to a strong margin performance. Also expects to report "a significant increase in revenue" to GBP8.1 million from GBP6.7 million in 2024. Attributes this to the performance of its 'UK Brand Experience', 'Rock Up' and 'Pop-Up' revenue streams, combined with "increased growth" in its German Retail division. Says it has reduced bank debt to zero as of December 31, from around GBP800,000 one year prior. Cash totals GBP1.6 million, down from GBP1.9 million. Expects to announce 2025 results during the week starting on April 27.

Current stock price: 212.25 pence, down 3.5% on Monday afternoon in London

12-month change: more than doubled

By Emma Curzon, Alliance News reporter

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